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Mortgage Rates Surge After Powell Comments

Mortgage rates jumped quickly today after Q&A session with Federal Reserve Chair Jerome Powell. What did he say to cause such drama?  Actually, it’s more…

Mortgage Rates Finally Catching a Break

In the past 2 decades, there have been 6 months where mortgage rates rose at least 50 basis points.  February 2021 was one of them. …

Mortgage Rates Are Now Well Over 3 Percent

Mortgage rates WISH they were still at 2.97%–the number conveyed today by Freddie Mac’s weekly survey.  Freddie’s data is accurate when it comes to capturing…

Highest Mortgage Rates Since June 2020

As of today, you’d have to go back to June 2020 to see higher mortgage rates.  This is courtesy of an ongoing move in the…

Rates Surge; Time To Adjust Your Mortgage Game Plan

Recovery prospects, renewed focus on stimulus, inflation concerns, a brighter covid outlook, etc…  All of these are reasons for an ongoing, gradual trend toward higher…